Custodian Property Incom... Share Discussion Threads

[essentialinvestor] 21/3/2024 12:40

I saw SHED winning this, once they entrered the fray. Events can always surprise, eh.

[arbus5000] 21/3/2024 12:15

and who owns ii---abrdn !

[essentialinvestor] 21/3/2024 12:11

Spec, no issue with selling CREI on ii (as before). Only buying is unavailable online.

Just double confirmed to make sure and allows me to sell online.

[spectoacc] 21/3/2024 12:02

ii are very poor like that - they can't seem to understand that we deal online because we don't want to spend half a day on the phone. Giving us online commission rates really doesn't cut it.

They're the same with some Gilts, and some random shares like PHLL. And as you say, it comes & goes, so you may be in something but unable to sell it again in a hurry.

Still - beats IG ISA, where the prices are often terrible due to lack of RSPs.

[essentialinvestor] 21/3/2024 12:00

ii had permitted online dealing on my last couple of Buy trades, but that appears to have defaulted to telephone only again - sometimes it can change on the same day, so may be a glitch, or related to the current corporate action.

[essentialinvestor] 21/3/2024 11:54

I've started to buy back. Unfortunately a bit of a faff again having to call ii, then getting a newbie answer, who had to call another person while putting me on hold for several minutes..oh my.

First world problems tbf!!.

[nickrl] 20/3/2024 18:51

So API show assets are worth something thus if CREI get hold of it should be able to make a nice turn but share price goes down

[cwa1] 20/3/2024 17:32

SHED announced they aren't going to bid

[badtime] 20/3/2024 17:30

....and here we r again ..market backing CREI?

[nickrl] 13/3/2024 08:37

So Inv Mgt Fees rejigged for next two years will save 0.3m plus waiving fees for merger worth another 0.35m. Keen to appeal to API to recommend this merger not SHEDs.

[skyship] 12/3/2024 14:42

Does the Market think SHED going to win out? Personally would favour CREI to do so; and if they do then CREI surely will fall back from here....though not back as far as 70p. Makes API look rather cheap...if CREI hold 75p then API worth 58.5p versus 55p in the market.

[badtime] 12/3/2024 13:00

Happily only sold 50% :)

[spectoacc] 12/3/2024 12:50

Also out a few days ago - making my fortune selling too soon ;)

Good luck those still in - still have SHED.

[essentialinvestor] 12/3/2024 11:43

Spec, very nicely traded, congrats.

I sold mine too cheaply, expecting a second sub 70 pence dip - which did not happen.

[spectoacc] 08/3/2024 11:01

UKCM/BBOX's agreed merger has just had a PUSU extension, can imagine we may get the same thing with 3-way API, SHED, CREI..

Edit - a reminder the current PUSU is a week today, Friday 15th.

[nickrl] 04/3/2024 09:34

@pharmaboy

[pharmaboy3] 04/3/2024 09:02

Do you have a link, please nick

[nickrl] 04/3/2024 08:46

At least CREIs plea to API shareholders this morning hasn't included any extra cash which is good as we don't need to pay anymore.

[nickrl] 29/2/2024 08:38

@Sky that struck me as it has with others that single sale assets are achieving on average above most recent valuations. Also here one of the buildings sold recently is in my neighbourhood and has been empty for years to a developer given planning application has appeared for the site.

[skyship] 29/2/2024 07:26

nick - thnx for that - YES - missed it due to the interminable broker dealing declarations.

It was a pretty noteworthy statement that deserved more comment. Yet more evidence that valuers are being over-conservative and not reflecting true marketable values.

[nickrl] 28/2/2024 23:29

@Sky yes



but if your like me the inbox is getting flooded with RNSs galore from all the reits i have email alerts set up for due to the wave of mergers so easy to miss them. At least LXI/LMP will done this time next week.

[skyship] 28/2/2024 20:31

"CREI seem to be building up a cash sweetener?"

How come? Has there been an RNS of a property sale?

[spectoacc] 28/2/2024 16:31

CREI seem to be building up a cash sweetener? Do hope not.

Nice premium tho.

[nickrl] 27/2/2024 19:34

BoDs should recommend neither unless they have no faith in Baggley

[essentialinvestor] 27/2/2024 15:04

ii's likely to plump for enhanced liquidity and that indicates SHED.

Potential opportunity in SHED shares, particularly if they get shoved lower.